JPMorgan's Dimon preaches patience — Ex-Coatue MD to launch new fund — Election fallout continues
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JPMorgan's Dimon: 'patience and fortitude'
As George Michael said, sometimes you gotta have faith.
Jamie Dimon, JPMorgan's CEO, had a similar message to his staff in a memo seen by Rebecca Ungarino.
In short, Dimon told employees at the bank to "have faith in our electoral and judicial systems."
Click here to read the entire memo.
A rising star from billionaire Philippe Laffont's Coatue is starting his own hedge fund
Nice scoop from Bradley Saacks about a former managing director at Coatue looking to go out on his own. Read more about the new fund, which has at least $300 million in commitments from investors already. Click here for the full story.
In leaked email, Knotel CEO lays out how the troubled office company will rethink office spaces
Speaking of emails, Meghan Morris has the scoop from an email sent by Knotel's CEO about the company cutting its real estate footprint. Get the full rundown on the flex-space company. Click here for the story.
Odd lots:
BP, Stricken by Low Oil Prices and High Debt, to Sell London Headquarters (WSJ)
Bankers Reel as Ant IPO Collapse Risks $400 Million Payday (Bloomberg)